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<p>[QUOTE="chrisild, post: 924614, member: 39"]While you may well have got one, I don't think the 25 percent figure is right. There should be a decimal point between the two figures. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>"The Royal Mint takes counterfeiting extremely seriously and undertakes regular surveys to establish the incidence of £1 counterfeit coins. A survey in 2009 indicated a counterfeit rate of around 2.5% across the UK."</p><p><br /></p><p><a href="http://www.royalmint.com/Corporate/media/news_05-01-2010.aspx" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.royalmint.com/Corporate/media/news_05-01-2010.aspx" rel="nofollow">http://www.royalmint.com/Corporate/media/news_05-01-2010.aspx</a></p><p><a href="http://www.royalmint.com/Corporate/facts/CounterfeitPoundCoins.aspx" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.royalmint.com/Corporate/facts/CounterfeitPoundCoins.aspx" rel="nofollow">http://www.royalmint.com/Corporate/facts/CounterfeitPoundCoins.aspx</a></p><p><br /></p><p>And yes, the higher the denomination, the more checks will be involved. In Euroland for example hardly anybody uses €200 or €500 notes, so if you want to spend one, many places will refuse to accept it - and if they take it, the note will certainly be tested. €50 and €100 notes are usually checked too. So the "high" value coins and the small paper denominations mean less profit for counterfeiters, but people have a better chance of using them as means of payment ...</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 924614, member: 39"]While you may well have got one, I don't think the 25 percent figure is right. There should be a decimal point between the two figures. ;) "The Royal Mint takes counterfeiting extremely seriously and undertakes regular surveys to establish the incidence of £1 counterfeit coins. A survey in 2009 indicated a counterfeit rate of around 2.5% across the UK." [url]http://www.royalmint.com/Corporate/media/news_05-01-2010.aspx[/url] [url]http://www.royalmint.com/Corporate/facts/CounterfeitPoundCoins.aspx[/url] And yes, the higher the denomination, the more checks will be involved. In Euroland for example hardly anybody uses €200 or €500 notes, so if you want to spend one, many places will refuse to accept it - and if they take it, the note will certainly be tested. €50 and €100 notes are usually checked too. So the "high" value coins and the small paper denominations mean less profit for counterfeiters, but people have a better chance of using them as means of payment ... Christian[/QUOTE]
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